16 Sep '11, 5am

Record Cost Reductions in US Solar Power Spurs Growth, in Green Jobs Too

Record Cost Reductions in US Solar Power Spurs Growth, in Green Jobs Too

Photo credit: Lawrence Berkeley National Lab The average cost of installing residential and commercial solar photovoltaic (PV) systems in the US dropped a record 17% in 2010 and they continue to drop in 2011, an additional 11% through June, according to a report from the Lawrence Berkeley National Lab’s “Tracking the Sun” report.Slowly but surely, the US market for solar PV power is growing and developing. Actually not so slowly. The US solar power market continued to grow at a record-breaking 66% pace in 2011′s first half. Domestic solar manufacturing rose 31%, while 1.1 gigawatts (GW) of utility-scale solar power is under construction, according to GTM Research and the Solar Energy Industries Association’s (SEIA) “US Solar Market Insight.” Green jobs are growing as well. Some 93,500 Americans worked in the US solar industry in 2010, and more than half of the country’s so...

Full article: http://cleantechnica.com/2011/09/16/record-cost-reduction...

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